Monday, December 22, 2008

Whether printing money hay is myth?

Kaushik Das writes in the Mint “what most people fail to realize is that it is in these unusual times that the governmental non-interference in the economy’s recovery process is called for even more than at any other time. 

Taking a contrarian position, in the form of more government interference through providing fiscal stimulus packages, will unfortunately push the global economy into a massive depression, the very outcome that these policies are expected to prevent”.

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